By Linz Audain, Sohair M. Abu-Aish, Cornelia J. Strawser

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Extra resources for Foreign Trade of the United States: Including State and Metro Area Export Data, 2001 (Foreign Trade of the United States)

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Because of different and incomplete data sources, however, the measured capital and financial accounts do not exactly offset the current account. S. international accounts—the sum of all credits and debits, with the sign reversed—measures the amount by which measured net capital and financial flow would have to be augmented to offset the current account balance exactly. S. military agency sales contracts identified in Census Bureau export documents and imports of goods under direct defense expenditures identified in import documents.

In 1986 the value of the dollar relative to other major currencies was nearly 10 percent higher than in 2000, and it was even higher earlier in the 1980s. S. residents to Europe, Japan, and many other countries was therefore relatively cheap, while the United States was then more expensive for foreigners than it is now. S. manufacturing export picture. S. manufactured exports in 1999. (See Table C-5). These are the groups that contain large concentrations of high-tech goods. A more precise measure of advanced technology products is shown in Table 2.

Nor is it easy to devise policies that will affect its course—at least, not without attention to the broad fiscal and monetary policies that affect national spending and saving. PART A. S. S. Foreign Trade Balances, 1960–1999 (Billions of dollars) 200 100 Services 0 Goods and Services -100 Goods -200 -300 -400 1960 1963 1966 1969 1972 1975 1978 1981 1984 1987 1990 1993 1996 1999 PART A. S. S. S. economy, including its international economic transactions. S. Department of Commerce, Bureau of Economic Analysis.

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